Pricer shows the future of real-time at NRF 2019 – partnering with Qopius and Wasteless
New York, NY, USA – January 15th 2019 — Pricer, a leading Electronic Shelf Label company, displays the future of real-time retail technology at NRF Big Show, NYC, one of the leading retail technology trade shows in the world, held January 13-15, 2019.
By partnering with Qopius and Wasteless, Pricer showcases how stores can maximize operations in real-time, offering intelligent instant updates of product information and prices to maximize shelf efficiency and use visual signals to steer customer attention in the moment.
“Consumers have been expecting real-time user experiences from retailers for a long time and now the solutions are not only available, but really simple to implement and use,” says Charles Jackson, President USA, at Pricer. “At NRF we are showing how we together with Quopius and Wasteless can use real-time store data to achieve new levels of efficiency and experiences.”
Innovative platform for real-time
At the core, enabling true real-time communication in stores, we find Pricer´s innovative store digitalization platform, using near IR/optical wireless communications technology. The platform, tried and tested by leading retail chains around the world, offers the gateway to continuous digitalization of physical stores.
“The platform makes us a global leader in enhancing store performance and shopping experience,” says Charles Jackson. “The rich and tested features make it a natural hub for everything real-time in retail.”
Key partnerships
By partnering with Qopius, Europe´s leading provider of real-time shelf monitoring for retailers, Pricer can offer stores the opportunity to double staff productivity by automating tedious and repetitive tasks like checking out-of-stock or product placement. Qopius uses cutting edge artificial intelligence computer vision to steer Pricer´s shelf-edge cameras in real-time.
Pricer also partners with Wasteless, the award-winning machine-learning solution that converts food waste into retail profits for grocery retailers. In combination with Pricer´s Electronic Shelf Labels and real-time updates, Wasteless’ technology uses a patented markdown optimization engine for perishable goods with a limited expiration date. This enables grocery retailers to maximize profits across the demand curve.
Pricer, Qopius and Wasteless can be found in booth #4437
Contact persons:
Andreas Nordansjö, Head of Marketing, Pricer AB, +46736334774
Bedeir Rizk, Marketing Manager, Qopius LLC
David Kat, VP Business Development, Wasteless Ltd, +31651541188
About Pricer
Pricer AB, founded in Sweden in 1991, listed on the NASDAQ Stockholm, is a global leader in providing in-store digital shelf-edge solutions that enhance both store performance and the shopping experience. The increasingly feature-rich Pricer platform is fast, robust, interconnectable and scalable. For more information, please visit www.pricer.com
About Qopius
Qopius has developed the best in-class image recognition technology using AI in retail. Working with the largest retailers in Europe, Qopius digitizes their shelves in real-time in order to increase store operations efficiency, and improve the overall shopping experience. The company deploys their technology on autonomous robots and IoT shelf cameras (Pricer camera) resulting in a 10% increase of products availability on the shelf.
About Wasteless
Founded in June 2016, Wasteless is a turnkey food waste solution which optimizes food price markdowns based on expiry dates. Wasteless developed a proprietary dynamic pricing algorithm for products with a limited expiration date, allowing retailers to mark off prices across the demand curve. The company is based in Tel Aviv, Israel and Amsterdam, Netherlands. With Wasteless, supermarkets sell more, waste less and consumers get to choose how much they want to pay for a product based on expiration dates. Wasteless recaptures lost revenue, creating new revenue opportunities for food retailers.